HYSTER-YALE, INC. HY

Industrials SIC 3537 - Industrial Trucks, Tractors, Trailors & Stackers NAICS Manufacturing › Fabricated Metal Product Manufacturing derived NYSE

Hyster-Yale, Inc. ("Hyster-Yale" or the "Company") and its subsidiaries, including its operating companies, Hyster-Yale Materials Handling, Inc. ("HYMH") and Bolzoni S.p.A. ("Bolzoni"), is a globally integrated company offering a full line of high-quality, application-tailored lift trucks and solutions aimed at meeting the specific materials handling needs of its customers. The Company's solutions include attachments, parts, fleet management services, technology and energy solutions. The Company is headquartered in Cleveland, Ohio.

Through HYMH, the Company designs, engineers, manufactures, sells and services a comprehensive line of lift trucks, attachments, parts, fleet management services, technology and energy solutions marketed globally, primarily under the Hyster®, Yale® and Nuvera® brand names, mainly to independent Hyster® and Yale® retail dealerships.

Last close 28.92 2026-10-23
Market cap $518.0M estimated share count
52-week range 26.41 - 41.30

Valuation FY2025 figures against the last close

P/S0.1x
P/E—
P/FCF21.9x
EV/EBITDA46.9x
Dividend yield4.9%
Diluted EPS-3.40

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $3.77B$4.31B$4.12B$3.55B$3.08B$2.81B$3.29B$3.18B$2.89B$2.57B
Cost of revenue $3.14B$3.41B$3.33B$3.11B$2.71B$2.35B$2.75B$2.68B$2.38B$2.14B
Gross profit $632.8M$895.5M$785.6M$433.9M$363.4M$465.4M$541.8M$497.0M$502.6M$427.5M
R&D $137.2M$135.9M$119.7M$100.7M$108.3M$100.5M$115.3M$110.9M$104.5M$107.0M
SG&A $616.5M$628.1M$576.9M$473.0M$450.1M$415.5M$487.9M$458.2M$428.5M$394.6M
Total operating expenses $654.9M$650.7M$576.9M$473.0M$515.7M$415.5M$487.9M$458.2M$428.5M$394.6M
Operating income -$22.1M$244.8M$208.7M-$39.1M-$152.3M$49.9M$53.9M$38.8M$74.1M$32.9M
Interest expense $31.2M$33.8M$37.3M$28.4M$15.5M$13.7M$19.8M$16.0M$14.6M$6.7M
Pre-tax income -$42.9M$219.0M$181.0M-$62.4M-$154.9M$42.2M$47.9M$36.6M$93.8M$38.3M
Income tax $15.1M$74.8M$52.9M$9.2M$28.3M$3.7M$11.3M$2.3M$44.9M$4.0M
Net income -$60.1M$142.3M$125.9M-$74.1M-$173.0M$37.1M$35.8M$34.7M$48.6M$42.8M
EPS, basic -3.408.167.35-4.38-10.292.212.152.102.952.61
EPS, diluted -3.408.047.24-4.38-10.292.212.142.092.942.61
Shares, diluted (wtd. avg.) 17.7M17.7M17.4M16.9M16.8M16.8M16.7M16.6M16.5M16.4M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $123.2M$96.6M$78.8M$59.0M$65.5M$151.4M$64.6M$83.7M$220.1M$43.2M
Receivables $489.6M$488.4M$497.5M$523.6M$457.4M$412.1M$468.3M$465.5M$453.0M$375.3M
Inventory $634.3M$754.3M$815.7M$799.5M$781.0M$509.4M$559.9M$533.6M$411.9M$352.2M
Total current assets $1.35B$1.43B$1.49B$1.46B$1.35B$1.13B$1.16B$1.13B$1.13B$810.0M
Property, plant and equipment $329.0M$306.7M$313.9M$310.0M$330.5M$340.4M$308.5M$296.2M$265.4M$255.1M
Goodwill $55.7M$54.6M$53.3M$51.3M$56.5M$114.7M$106.7M$108.3M$59.1M$50.7M
Other intangibles $32.3M$33.1M$39.3M$42.7M$50.7M$58.5M$60.1M$67.7M$56.1M$56.2M
Total assets $2.02B$2.03B$2.08B$2.03B$1.97B$1.86B$1.85B$1.74B$1.65B$1.29B
Accounts payable $396.1M$447.8M$523.5M$585.8M$517.0M$412.0M$401.5M$415.5M$385.8M$242.4M
Short-term debt $242.4M$198.8M$252.7M$285.9M$256.8M$83.1M$74.6M$78.1M$68.4M$50.0M
Total current liabilities $1.00B$1.06B$1.22B$1.34B$1.10B$755.9M$817.0M$776.2M$692.4M$576.5M
Long-term debt $473.4M$241.9M$241.3M$267.0M$261.7M$206.1M$204.7M$210.1M$216.2M$82.2M
Total liabilities $1.53B$1.54B$1.67B$1.80B$1.59B$1.21B$1.27B$1.18B$1.08B$816.7M
Retained earnings $289.1M$374.6M$256.3M$152.7M$248.6M$443.2M$427.4M$407.3M$389.1M$360.3M
Total equity $472.0M$475.1M$389.9M$204.4M$357.1M$651.1M$577.0M$559.5M$572.4M$470.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $86.1M$170.7M$150.7M$40.6M-$253.5M$166.9M$76.7M$67.6M$164.7M-$48.9M
Depreciation and amortisation $45.8M$47.6M$45.1M$43.4M$46.2M$42.9M$43.3M$44.0M$42.8M$39.1M
Stock-based compensation $7.5M$23.6M$29.3M$6.4M$4.0M$1.3M$8.2M$5.7M$8.8M$4.9M
Capital expenditure $62.5M$47.8M$35.4M$28.8M$44.3M$51.7M$49.7M$38.8M$41.0M$42.7M
Investing cash flow -$62.7M-$47.6M-$34.5M-$35.4M-$24.5M-$43.7M-$42.0M-$110.9M-$47.3M-$145.1M
Financing cash flow -$800.0K-$100.1M-$100.5M-$10.9M$193.6M-$40.6M-$51.6M-$87.6M$53.1M$77.9M
Dividends paid $25.4M$24.0M$22.3M$21.8M$21.6M$21.3M$21.0M$20.4M$19.8M$19.2M
Buybacks $4.5M$14.0M$0$0—$100.0K$200.0K$600.0K—$600.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001173514-26-000049.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2B 0 2B 4B 6B Revenue, FY2016: 2.6B Gross profit, FY2016: 427.5M Net income, FY2016: 42.8M Revenue, FY2017: 2.9B Gross profit, FY2017: 502.6M Net income, FY2017: 48.6M Revenue, FY2018: 3.2B Gross profit, FY2018: 497M Net income, FY2018: 34.7M Revenue, FY2019: 3.3B Gross profit, FY2019: 541.8M Net income, FY2019: 35.8M Revenue, FY2020: 2.8B Gross profit, FY2020: 465.4M Net income, FY2020: 37.1M Revenue, FY2021: 3.1B Gross profit, FY2021: 363.4M Net income, FY2021: -173M Revenue, FY2022: 3.5B Gross profit, FY2022: 433.9M Net income, FY2022: -74.1M Revenue, FY2023: 4.1B Gross profit, FY2023: 785.6M Net income, FY2023: 125.9M Revenue, FY2024: 4.3B Gross profit, FY2024: 895.5M Net income, FY2024: 142.3M Revenue, FY2025: 3.8B Gross profit, FY2025: 632.8M Net income, FY2025: -60.1M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $2.57B $2.89B $3.18B $3.29B $2.81B $3.08B $3.55B $4.12B $4.31B $3.77B
Gross profit $427.5M $502.6M $497.0M $541.8M $465.4M $363.4M $433.9M $785.6M $895.5M $632.8M
Net income $42.8M $48.6M $34.7M $35.8M $37.1M -$173.0M -$74.1M $125.9M $142.3M -$60.1M

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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